Compare BitBay vs Nanex

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On this page, you can compare BitBay with Nanex. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. BitBay was founded in 2014 in Poland. Nanex was founded in 2017 in Brazil.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is BitBay. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

BitBay is Centralized and Nanex is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

BitBay has a mobile app available for iOS and Android. Nanex doesn't have a mobile app.

BitBay has 9 languages available, including English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese and Polish. Nanex has 1 language available, which is English.

Company
User rating User rating 4.0 / 5 1 user review User rating 5.0 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 0.0 / 5
Trust Score How it works Trust Score 3.94 / 5 Trust Score 2.85 / 5

User rating

4.0 / 5 1 user review 5.0 / 5 1 user review

Cryptogeek rating

4.4 / 5 0.0 / 5

Trust Score

How it works
3.94 / 5 2.85 / 5

About

BitBay is one of the few exchanges based and originated in Poland. It offers an impressive range of crypto for trading.
Nanex exchange published a shutdown announcement in April 2019. This announcement was later deleted from the company’s blog on Medium.

Founding Date

2014 2017

Country

Poland Brazil

Type

Centralized Decentralized

Languages

English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese, Polish English

Mobile app

iOS, Android -

Full address

BB Trade OÜ Lasnamäe linnaosa, Lõõtsa tn 5 Tallinn 11415, Estonia, ES Registration of Entrepreneurs number: 14814864 VAT Number: EE102200164 No data

Fees

30 DAY VOLUME IN EUR: MAKER / TAKER
875000: 0.17% / 0.25%

Full fee schedule: https://bitbay.net/en/fees
No data
About
BitBay is one of the few exchanges based and originated in Poland. It offers an impressive range of crypto for trading.
Nanex exchange published a shutdown announcement in April 2019. This announcement was later deleted from the company’s blog on Medium.
Founding Date Founding Date 2014 Founding Date 2017
Country Country Poland Country Brazil
Type Type Centralized Type Decentralized
Languages Languages English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese, Polish Languages English
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address BB Trade OÜ Lasnamäe linnaosa, Lõõtsa tn 5 Tallinn 11415, Estonia, ES Registration of Entrepreneurs number: 14814864 VAT Number: EE102200164 Full address No data
Fees Fees 30 DAY VOLUME IN EUR: MAKER / TAKER
875000: 0.17% / 0.25%

Full fee schedule: https://bitbay.net/en/fees
Fees No data

Trading

BitBay trading volume is 21,227,561.0. The exchange has 85 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Nanex trading volume is 0. The exchange has 0 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

21227561 0

Pairs

85 0

Coins

36 1

Fiat trading

- -

Deposit

Depends on currency and volume No data

Fees

Percentage Percentage

Margin

- -
Volume Volume 21227561 Volume 0
Pairs Pairs 85 Pairs 0
Coins Coins 36 Coins 1
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit No data
Fees Fees Percentage Fees Percentage
Margin Margin - Margin -

Safety

Two factor authentication

-

Verified

Unverified Unverified
Two factor authentication Two factor authentication Two factor authentication -
Verified Verified Unverified Verified Unverified

Social

Website

auth.bitbay.net nanex.co

Twitter

@BitBay No data

Number of followers

35 0
Website Website auth.bitbay.net Website nanex.co
Twitter Twitter @BitBay Twitter No data
Number of followers Number of followers 35 Number of followers 0

Rating

User rating User rating 4.0 / 5 1 user review User rating 5.0 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 0.0 / 5

Cryptogeek summary

BitBay user rating is 4.0, based on 1 user reviews. Nanex user rating is 5.0, based on 1 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 3.94 / 5
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Trust Score: 2.85 / 5
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On this page, you can compare BitBay with Nanex. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. BitBay was founded in 2014 in Poland. Nanex was founded in 2017 in Brazil.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is BitBay. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

BitBay is Centralized and Nanex is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

BitBay has a mobile app available for iOS and Android. Nanex doesn't have a mobile app.

BitBay has 9 languages available, including English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese and Polish. Nanex has 1 language available, which is English.